cierahen cierahen
  • 22-03-2018
  • Mathematics
contestada

What is the total payment for a 6700 loan at 13.5 percent for 5 years

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mathssydney
mathssydney mathssydney
  • 22-03-2018
Interest charged: I=prn=6700*0.135*5 = 4522.50
Total re-payment: 6700+4522.50 = 11 222.50
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charmander574
charmander574 charmander574
  • 18-03-2021

Answer:

The answer is $9,250.20, hope this helps

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